US equity indexes open higher on Globex to begin the week’s trade

Equity index futures:

• S&P 500 +1.1% … ES
• NASDAQ +1.5% … NQ
• DOW JONES +0.9% … YM

There has been much baloney over the weekend over what tariff applies to electronics now (smartphones, PCs etc) – the number seems to be 20%, not 145%. Giving equities a boost.

Risk FX update:

This article was written by Eamonn Sheridan at www.forexlive.com.